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Read more about Samsung refutes report citing Xiaomi as smartphone market leader in India on Business Standard. The South Korea-based electronics giant cites a report released by Germany-based research firm Gfk to back its claim

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samsung refutes report citing xiaomi

Samsung refutes report citing Xiaomi as

smartphone market leader in India

China-based smartphone manufacturer Xiaomi is claimed to have pipped

Samsung as the top smartphone manufacturer in India, according to a report

published by Singapore-based research and analysis firm Canalys.

However, Samsung refutes the report and claims to hold the leadership position

in the Indian smartphone market. The South Korea-based electronics giant cites a

report released by Germany-based research firm Gfk to back its claim.

According to Canalys, Xiaomi India shipped close to 8.2 million units in Q4’ 2017,

while Samsung managed to ship just over 7.3 million units. Based on overall

shipment data, the report in Canalys referred Xiaomi as the top smartphone

manufacturer in India, followed by Samsung, Vivo, Oppo and Lenovo at number

two, three, fourth and fifth position, respectively.

however the gfk report which takes

However, the Gfk report -- which takes in to consideration the actual sales

number instead of total shipment – the South Korean company in the last

(November) quarter had a 45 per cent share in market value and 40 per cent

market share in terms of volume, according to a statement issued by Samsung

India spokesperson.

"Samsung is a full-range player and leads the smartphone business across every

segment of the India market in 2017.

More importantly, Samsung is India's 'Most Trusted' brand. We owe our

undisputed leadership to the love and trust of millions of our consumers in the

country," the spokesperson added.

Article By - Business Standard